Commercial Sale · Multi Family (5+)
3960 12TH STREET N, ST PETERSBURG, FL, 33703
Active12 days on marketListed Sep 10, 2026MLS #TB8546689
About this property
The property at a glance
Virtually Staged. Welcome to Allendale Grove , a unique multifamily property located in desirable Allendale Terrace. Desirable Mix of Unit sizes and fully leased, with significant capital improvements , including New roof with hurricane straps and wind mitigation in 2024.Complete repipe from street including fixtures and water heater replacement 2023.New Stainless Appliances, Solid Wood Cabinets, Paint, and Landscaping 2023
5,534
Building sq ft
$226
Price / sq ft
0.38
Lot acres
1974
Year built
1
Unit
1
Building
Multi Family (5+)
Property type
The numbers
Investment snapshot
$1,249,000
Price / unit
1
Unit
Estimated payment (illustrative)
Estimated payment
$7,169/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Zack to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
4,751
Population
$106,826
Median income
46
Median age
2
Avg household
$455,136
Median home value
$2,108/mo
Median rent
683
Households w/ kids
Consumer profile
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A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Recent sales
What actually sold near 3960 12TH STREET N
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,840,000
626 12TH AVENUE NE
5,292 sqft · $348/sqft · Sold Mar 31, 2026
$1,075,000
108 7TH AVENUE N
3,276 sqft · $328/sqft · Sold Mar 31, 2026
$1,325,000
1121 BEACH DRIVE NE
3,078 sqft · $430/sqft · Sold May 5, 2026
Your team
The pros in your corner
Your agent
Zack Zonker
President Tampa Division · CENTURY 21 Edge
Tours, offers, and every question about 3960 12TH STREET N — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 3960 12TH STREET N.
See it in person
Schedule a tour
Live availability from Zack's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of HOMECOIN.COM · Jonathan Minerick. MLS #TB8546689.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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